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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateAssuming a foreclosure. Help.
Anthony Johnson's profile image
Anthony Johnson's profile image
Anthony Johnson
  • Real Estate Agent
  • from Manhattan Beach, CA
  • Member since Sep 22, 2016
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Anthony Johnson's profile image
Anthony Johnson's profile image
Anthony Johnson
  • Real Estate Agent
  • from Manhattan Beach, CA
  • Member since Sep 22, 2016
Connect
Anthony Johnson
  • Real Estate Agent
  • Manhattan Beach, CA
6
Votes |
30
Posts
Buying & Selling Real Estate

Assuming a foreclosure. Help.

Anthony Johnson
  • Real Estate Agent
  • Manhattan Beach, CA
Posted Jul 7 2017, 14:50
Hey Bigger pockets! I'm trying to save a veteran from foreclosure. She is 8grand behind on payments. The total amount due is 55,094.74, ARV 110k. Does anyone have experience with talking to banks to stop the process, I understand I need to threeway call with my client. I'll be doing that Monday. I am trying to assume the loan after paying off the amount owed. Any tips or things to keep in mind? The property is in TN. Thank you Anthony D. Johnson
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